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BRF - Brasil Foods Bearish Moving Average Crossover Alert (BRFS)

By Shiri Gupta

BRF - Brasil Foods (NYSE:BRFS) crossed under its 10-day moving average of $13.69 on a volume of 178K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

BRF - Brasil Foods share prices have moved between a 52-week high of $22.35 and a 52-week low of $11.05 and are now trading 22% above that low price at $13.43 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 0.7%.

SmarTrend is tracking the current trend status for BRF - Brasil Foods and will alert subscribers who have BRFS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses brf - brasil foods

Ticker(s): BRFS